---
schema_version: "secwatch.filing_event.v1"
accession: "0000772406-24-000010"
form_type: "8-K"
ticker: "CRUS"
cik: "0000772406"
company_name: "CIRRUS LOGIC, INC."
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T08:43:08.435277+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cirrus Logic Q3 FY24: Record revenue $619M, EPS $2.89; Q4 revenue guide $290-350M

## Summary
- Record Q3 revenue $619M (above guidance); GAAP EPS $2.50, non-GAAP EPS $2.89.
- Q4 FY24 guidance: revenue $290-350M (down ~48% Q/Q midpoint), gross margin 49-51%.
- One customer accounted for 89% of revenue; audio 61%, HPMS 39%.
- Repurchased 780,517 shares for $56.9M; cash from ops $313.7M, cash balance $587M.
- On track for next-gen audio (22nm smart codec, custom boosted amp) later CY24; secured first power socket on Intel Lunar Lake.

## SEC filing metadata
- accession: 0000772406-24-000010
- form_type: 8-K
- ticker: CRUS
- cik: 0000772406
- company_name: CIRRUS LOGIC, INC.
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/772406/000077240624000010/0000772406-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/772406/000077240624000010/crus-20240206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000772406-24-000010
- JSON: https://secwatch.observer/filing/0000772406-24-000010.json
- Plain text: https://secwatch.observer/filing/0000772406-24-000010.txt

## Key facts
- Earnings Releases
  CIRRUS LOGIC, INC. reported third quarter fiscal year 2024, which ended December 30, 2023 results: revenue $619.0 million, EPS $2.50. Guidance reaffirmed.
  - Period: third quarter fiscal year 2024, which ended December 30, 2023
  - Revenue: $619.0 million
  - EPS: $2.50
  - Guidance: reaffirmed
  - Result: reported results
  source text: text of the press release is furnished as Exhibit No. 99.1 to this Current Report on Form 8-K. --- EX-99.1 (EX-99.1) --- FINANCIAL NEWS Cirrus Logic Reports Record Revenue of $619.0 Million for Fiscal Third Quarter AUSTIN, Texas – Feb 6, 2024 – Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that
  evidence_url: https://www.sec.gov/Archives/edgar/data/772406/000077240624000010/0000772406-24-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.